The Financial Services Authority (FSA) has confirmed that Fyshe Horton Finney Stockbrokers has entered the special administration regime (SAR).
Fyshe Horton Finney is a small investment firm offering discretionary, advisory and execution only business. It has 15 regional offices. The firm placed itself into special administration, primarily on the ground that it is, or is likely to become, unable to pay its debts. Paul Boyle and David Clements at Harrisons Business Recovery & Insolvency (London) have been appointed joint special administrators. The FSA said if clients have any concerns they should contact the special administrators in the first instance.
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